Business: The Nickel Plate

For four days last week before the Interstate Commerce Commission at Washington, lawyers for opposing factions of railroaders, bankers and investors tersely yet passionately made their final pleas for and against the proposed billion-and -a -half consolidation of the Nickel Plate, Erie, Pere Marquette, Hocking Valley and Chesapeake & Ohio railroads into a fourth great eastern system to complement the already existing New York Central, Pennsylvania, and Baltimore & Ohio lines. Stock in the five roads involved sufficient to swing the deal is already controlled by Oris Paxton Van Sweringen and his brother...

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